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What Are the Three Stages of a Fad's Lifecycle

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What are the three stages of a fad's lifecycle?


Definitions:

Organizational Theorists

Scholars who study and analyze the structure, behavior, and dynamics of organizations.

Mechanistic

Refers to organizational design or structure that is hierarchical and bureaucratic, focused on efficiency, preciseness, and reliability through rules and established procedures.

Decentralized Organization

An organizational structure where decision-making authority is distributed throughout various levels rather than being concentrated at the top.

Physical Locations

The tangible and geographical places where businesses, organizations, or other entities occupy space, often important for operations, customer interaction, and logistic purposes.

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